Targeting a Wider Section of a Target Audience Means a Company

question 9

True/False

Targeting a wider section of a target audience means a company can reach more people.

Recognize the skewness and modality of data distributions through graphical representations.

Calculate basic descriptive statistics (mean, median, mode, range, standard deviation, IQR).

Apply knowledge of statistics to real-world problems involving finance, demographics, and academic performance.

Understand outlier identification and its impact on data analysis.

---

Definitions:

Goodness-of-fit Test

A statistical test used to determine if sample data fits a distribution from a population with a normal distribution.

Contingency Table

A type of table used in statistics to summarize the relationship between several categorical variables, showing the frequencies at which certain combinations of variables occur.

Two-tail Test

A statistical test that determines if there are any significant differences between two population means or parameters, checking for deviations in two opposite directions from the null hypothesis.

Population Proportion

A statistic that represents the fraction of the population that has a particular characteristic or attribute.